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Asia Eyes Cautious Open After Worrying China Data: Markets Wrap.

Authors :
Burgess, Matthew
Source :
Bloomberg.com; 9/15/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Asian stocks are expected to have a cautious start to the week following disappointing economic data from China. Chinese factory output, consumption, and investment all slowed more than expected in August, while the jobless rate reached a six-month high. The decline in housing prices is also causing concern among traders. The dollar remained steady after an apparent assassination attempt against former President Donald Trump. This week will see a range of data releases and central bank decisions that will likely shape market direction for the rest of the year. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179642667